Copper weekly
A quicky for today on the price of copper this week.
Last week, copper stood on a level of $ 2.64. After the price climbed to $ 2.67 it started to decline and reched a level of $ 2.62 per the end of this week.
Basically copper looks steady, but looking at the pressure on the global economic trade markets caused by trade and tariffwars wars, I expect prices will suffer.
However if these issues are solved, trade will pick up, prices will most probably increase as copper demand for electronic usage will go higher.
Let see how it will play out next week.
Enjoy
I'd love to see the price drop even further so I could buy some huge bars of copper. Maybe I could get building blocks made of them. Thanks for the update. :)
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